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What is a cryptocurrency?

Last revision: Aug 17, 2016

A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

The first cryptocurrency to be created was Bitcoin back in 2009.

Decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation.

Today there are hundreds of other cryptocurrencies, often referred to as Altcoins.

You can view the variety of available cryptocurrencies at Coinmarketcap.com

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